Finance finalises SEZ land rental fees
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The Finance Ministry has finalised the rental fees for the state-owned land in six provinces which will be developed into special economic zones.
The fee structure would be submitted to Deputy Prime Minister Somkid Jatusripitak today and forwarded to the Cabinet tomorrow, said Deputy Finance Minister Wisudhi Srisuphan after the meeting with the Treasury Department.
The six provinces are Songkhla, Tak, Sa Kaeo, Trat, Mukdahan and Nong Khai. The rental fees will be imposed on industrial estate developers.
The rental fees of the land in Songkhla are the highest, at Bt4.06 million through the 50-year period. Private developers and IEAT will also be charged Bt600,000 extra per rai as the leasing fee.
The fees will be raised by 15 per cent every 5 years.
The Industrial Estate Authority of Thailand (IEAT), a government agency, is entitled to a 30 per cent discount.
